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harry reid and john boehner for instance said -- the speaker saying the senate should take it up. harry reid is speaking on the floor. let's take a listen. >> because americans' taxes are approaching the wrong direction come the first of this year, americans will have less income than they have today. if we go over the cliff, the house of representatives, as we speak, with four days left after today before the first of the year aren't here with the speaker having told them they'll give them 48 hours notice. i can't imagine their consciences where they are around the country and we're here trying to get something done. they are not in washington, d.c. the house of representatives are not here. they couldn't even get the leadership together yesterday. they had to do it with a teleconference. republican leadership. if we go over the cliff, we'll be left with the knowledge that could have been about a single vote. mr. speaker, prior to this session starting today, the presiding officer and i had a conversation about how things have changed around here. i served in the house of represe
harry reid and john boehner for instance said -- the speaker saying the senate should take it up. harry reid is speaking on the floor. let's take a listen. >> because americans' taxes are approaching the wrong direction come the first of this year, americans will have less income than they have today. if we go over the cliff, the house of representatives, as we speak, with four days left after today before the first of the year aren't here with the speaker having told them they'll give...
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Dec 28, 2012
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john boehner seems to care more about keeping his speaker ship. he's waiting until january 3rd to get reelected as speaker before he gets serious with negotiations. because he has so many people over there. that won't follow what he wants. that's obvious from the debacle that took place last week. >> tough words from the democrats. to the republicans, though, it's the other party that needs to act. senate minority leader mitch mcconnell insists he's not going to be the one to blink first. >> we're coming up on a hard deadline. this is a conversation we should have had months ago and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> tax hikes remain at the center of the stand-off. what is the dividing line between those gets those tax breaks extended and those who do not. they're holding out hope for an 11-hour deal. hardly the first time that washington has pushed things to the edge. >> i actually think there's still a chance to get something done.
john boehner seems to care more about keeping his speaker ship. he's waiting until january 3rd to get reelected as speaker before he gets serious with negotiations. because he has so many people over there. that won't follow what he wants. that's obvious from the debacle that took place last week. >> tough words from the democrats. to the republicans, though, it's the other party that needs to act. senate minority leader mitch mcconnell insists he's not going to be the one to blink first....
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Dec 28, 2012
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this isn't john boehner's problem to solve." seriously. that is what he said. he said don't blame us, we're just the speaker of the house of representatives and the minority leader of the u.s. senate and the guys who aren't allowing the president to pass his plan. but you know, we've got nothing to do with this. you know, congress comes first in the constitution. tax bills -- and this is going to fundamentally be a tax bill when we pass it. they have to begin in the house of representatives. they can't originate in the white house. the president can't write legislation or pass it sifl. the founders would have been shocked to hear congressional leaders talking this way. but put that aside. mccollum basically said to reid i can't help on this one. how did harry reid respond? this way. >> speaker boehner should call members of the house back to washington today. he shouldn't have let them go, in fact. they're not here. they are not here. john boehner seems to care more about keeping his speakership than about keeping the nation on firm financial footing. >> right.
this isn't john boehner's problem to solve." seriously. that is what he said. he said don't blame us, we're just the speaker of the house of representatives and the minority leader of the u.s. senate and the guys who aren't allowing the president to pass his plan. but you know, we've got nothing to do with this. you know, congress comes first in the constitution. tax bills -- and this is going to fundamentally be a tax bill when we pass it. they have to begin in the house of...
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Dec 28, 2012
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tell john boehner not to raise taxes. he'll raise them on all of us. the congress is on taxes. everything -- we shouldn't be debating this. congress should because tax bills, as you know, have to start, the constitution says, in the house of representatives. the fact that the white house is negotiating with the senate is a little bit surreal and ridiculous. >> hold on a second, mark. >> michelle, mark is right, it has to start in the house with spending or tax bills but there are two bills the house passed that are sitting in the senate. >> we ought to go over the fiscal cliff. i think we shouldn't make a deal where we're not -- we shouldn't raise taxes. we need entitlement reform, then we can talk. if there's no real entitlement reform, there's nothing we can do. democrats spend, spend, spend. now they have the bill, the fiscal cliff and they don't like the result. what are they going to do? it's time you actually put a stop -- >> we're going to have to leave it there. thank you very much. >> thank you. >> a case of extreme helicopter parents sued by their daughter for stalkin
tell john boehner not to raise taxes. he'll raise them on all of us. the congress is on taxes. everything -- we shouldn't be debating this. congress should because tax bills, as you know, have to start, the constitution says, in the house of representatives. the fact that the white house is negotiating with the senate is a little bit surreal and ridiculous. >> hold on a second, mark. >> michelle, mark is right, it has to start in the house with spending or tax bills but there are...
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Dec 29, 2012
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i think boehner is pretty safe because there's not a challenger. >> if john boehner is safe at his job, that opportunidoesn't e at all relevant. isn't that right? >> i think that's right. but it's in large part because boehner could n't get his plan through the house. i could only imagine how angry they are because they put him into this bind in which he has to ne dpoegotiate with harry re. and then it also gets house democrat support. all the while, he's got an eye when he's up for reelection. house speaker boehner has shown that he's looargely, not entire, but larngly. remember, his deputies were both there with him when plan b was introduced. the logical successes aren't actually there. >> paul ryan is not the guy to watch, right? so paul ryan is the guy who has the real support of the house con sefbtives. a lot of people don't like boehner, they love paul ryan. now ryan, at the final minute, remember, he was with you for plan b. paul ryan, probably the most high profile guy, he's not running against boehner. he's not even interested. >> but robert, if the president gets this throug
i think boehner is pretty safe because there's not a challenger. >> if john boehner is safe at his job, that opportunidoesn't e at all relevant. isn't that right? >> i think that's right. but it's in large part because boehner could n't get his plan through the house. i could only imagine how angry they are because they put him into this bind in which he has to ne dpoegotiate with harry re. and then it also gets house democrat support. all the while, he's got an eye when he's up for...
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Dec 29, 2012
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the president sat down with house speaker john boehner and other congressional leaders in hopes of cutting a last-minute deal. >> we have a constructive meeting today. . reid and senator mcconnell are discussing a potential agreement were making get a bipartisan bill out of the senate, into the house, at a timely fashion so we can meet the december 31 deadline. >> we will be working hard to see if we can get there in the next 24 hours. i'm optimistic. >> senate leaders are hoping to come back with a proposal as early as sunday. >> whatever become up with, it will be imperfect. some people will not like it, some will like it less but that is where we are. >> the president says if an agreement is not reached by the deadline, he will urge the senate -- senate majority leader to hold a vote on a basic patches -- a thick package that makes sure taxes do not increase on middle income and lower income americans. >> the house will hold a rare sunday session this weekend. votes are scheduled for early evening. speaker boehner is not expected to put anything on the floor for a vote unless he is sure
the president sat down with house speaker john boehner and other congressional leaders in hopes of cutting a last-minute deal. >> we have a constructive meeting today. . reid and senator mcconnell are discussing a potential agreement were making get a bipartisan bill out of the senate, into the house, at a timely fashion so we can meet the december 31 deadline. >> we will be working hard to see if we can get there in the next 24 hours. i'm optimistic. >> senate leaders are...
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given the fact that house speaker john boehner couldn't get his own conference to pass tax cuts for those making less than $1 million, it seems like it's still a tough drag for all those behind closed doors a short time from now. we saw the vice president joe biden arriving here in the white house within the last ten minutes or so. one attendee as it were. the other four top lawmakers from the capitol hill expected a short time from now. >> there doesn't appear to be new information to be revealed at the meeting. they have all heard what the other folks at the table have said time and time again. so, what do we expect to come out of this thing? >> reporter: it's a good question. frankly, i think we are all just going to have to wait outside the doors and find out what happens after the fact, hearing from the lawmakers inside, whether the president comes out and makes any statement of any sort. but the fact of the matter is a lot of the conversations to this point have been cryptic, behind the scenes by senior staff members on the republican and democratic sides right now. so what they com
given the fact that house speaker john boehner couldn't get his own conference to pass tax cuts for those making less than $1 million, it seems like it's still a tough drag for all those behind closed doors a short time from now. we saw the vice president joe biden arriving here in the white house within the last ten minutes or so. one attendee as it were. the other four top lawmakers from the capitol hill expected a short time from now. >> there doesn't appear to be new information to be...
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Dec 26, 2012
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you saw right before christmas, speaker john boehner tried to move his own independent plan to raise taxes on income levels over a million dollars and he wasn't able to do that successfully. and i think it was a big sign about the difficulties he'll have even wrangling the majority of his caucus and so i think in order to get something done, anything done, to make sure that taxes don't increase on middle class americans, to make sure that the spending cuts don't start immediately, a lot of lawmakers are leary of them despite they voted for them two summers ago, they hope to set the infrastructure in place. >> well and good. but intimating here, meredith, who's going to be part of the wrangling? who's the wrangler? last time at least from what it looks like, anyone who talked about this deal, that was on friday when that happened. the president then met with harry reid and talked to john boehner by phone and we have heard harry reid is working on legislation, perhaps mitch mcconnell's involved in this, as well. so when we look at this, david, who's pulling the strings now? who will si
you saw right before christmas, speaker john boehner tried to move his own independent plan to raise taxes on income levels over a million dollars and he wasn't able to do that successfully. and i think it was a big sign about the difficulties he'll have even wrangling the majority of his caucus and so i think in order to get something done, anything done, to make sure that taxes don't increase on middle class americans, to make sure that the spending cuts don't start immediately, a lot of...
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Dec 27, 2012
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john boehner can't. he just can't pass a bill off his floor with a majority democrats and 20 republicans. >> the house already voted to extend all of the bush tax cuts. >> and the senate -- >> house leaders are right to say the ball is in the senate's court. until they act we can't know -- what kind of deal we come up with. >> the ball is always in the senate's court. that's how it works. >> you are both argue being process. here is what i don't understand. i stay to democrats that come on, what p the republicans voted to extend taxes on everybody that you want, would you means test social security and medicare? the vast majority say oh, no, no, no, no. >> not this democrat. i would absolutely support it. >> unfortunately you are not in congress. >> you are right. >> i talked to republicans. i said, listen, if tomorrow the democrats had an epiphany and decided representative ryan planes for making medicare a voucher system were the best thing to do, would you vote to raise taxes on millionaires and have
john boehner can't. he just can't pass a bill off his floor with a majority democrats and 20 republicans. >> the house already voted to extend all of the bush tax cuts. >> and the senate -- >> house leaders are right to say the ball is in the senate's court. until they act we can't know -- what kind of deal we come up with. >> the ball is always in the senate's court. that's how it works. >> you are both argue being process. here is what i don't understand. i stay...
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. >>> coming up, the man in the middle of the republican circus, john boehner. let's figure out this guy. what is his story? he's the leader of the party that doesn't want to be led by him or anybody. they don't even -- well, it's not even actually a political party. it's a faction of tea party people telling the most republicans that they're not playing ball with them. >>> also tonight, hating hillary. that was the intriguing idea behind a politico story. when will the right learn to rekindle its hatred for hillary. everybody played the hillary card lately saying how great she was on the right so they could make obama look bad. at some point they will have to confront hillary clinton herself as the chief democrat in the country. when will they pivot? >>> if you're worried we'll soon be governed by sharia law, have no fear. republicans are keeping us safe from something that was never going to happen anyway. that and other low lights there 2012 in the "sideshow." >>> and finally my hopes for the upcoming year, especially from the president. this is "hardball," t
. >>> coming up, the man in the middle of the republican circus, john boehner. let's figure out this guy. what is his story? he's the leader of the party that doesn't want to be led by him or anybody. they don't even -- well, it's not even actually a political party. it's a faction of tea party people telling the most republicans that they're not playing ball with them. >>> also tonight, hating hillary. that was the intriguing idea behind a politico story. when will the right...
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then it was john boehner who planned to pass plan "b" that very same week. then it was mr. boehner who said it was up to the senate, someone else's problem. just from a pr perspective, what john boehner has done here is a debacle for the republicans. and the white house, they've just been sitting back the last week or so and letting it happen. but today, they gave us their plan going forward. you could call it deal and jam. >> i'm optimistic we may still be able to reach an agreement that could pass both houses in time. senators reid and mcconnell are working on such an agreement as we speak. but if an agreement isn't reached in time, between senator reid and senator mcconnell, than i will urge senator reid to bring to the floor a basic package for an up or down vote, one that protects the middle class from an income tax hike, extends the vital lifeline of unemployment insurance to 2 million american looking for a job, and lays the groundwork for future cooperation on more economic growth and deficit reduction. you guys, i can hear you over there. i believe such a proposal
then it was john boehner who planned to pass plan "b" that very same week. then it was mr. boehner who said it was up to the senate, someone else's problem. just from a pr perspective, what john boehner has done here is a debacle for the republicans. and the white house, they've just been sitting back the last week or so and letting it happen. but today, they gave us their plan going forward. you could call it deal and jam. >> i'm optimistic we may still be able to reach an...
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speaker john boehner has signaled he supports sandy aid. but his spokesman says that the speaker has not decided whether or not to bring up this bill in this session of congress, which ends on thursday. if they don't take it up by thursday, the senate bill will expire and the new congress will have to start all over again. >> eric: all right. thanks. >> coming up, russia has banned adoptions by u.s. families. coming up, we will speak with a couple in the process of adopting this little boy, about their ordeal and how right now, they can't bring him home and give him the life that they say he deserves. >> eric: we will give smuadvice about how young people can start now for planning for their retirement. that's right, without breaking the bank. advice on building, not breaking your nest egg, as you get older. >> we are just 48 hours away from new year's eve. why is all that confetti falling now? we will have an answer, coming up. sometimes what we suffer from is bigger than we think ... like the flu. with aches, fever and chills- the flu's a
speaker john boehner has signaled he supports sandy aid. but his spokesman says that the speaker has not decided whether or not to bring up this bill in this session of congress, which ends on thursday. if they don't take it up by thursday, the senate bill will expire and the new congress will have to start all over again. >> eric: all right. thanks. >> coming up, russia has banned adoptions by u.s. families. coming up, we will speak with a couple in the process of adopting this...
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in order for that to happen john boehner basically has to agree that he's going to get a deal out of house with majority democrat votes, and i don't see why he does that before january 3rd. >> you're assuming the president has all the leverage, and i think the president would have a horrible legacy starting out with such turmoil, so i disagree. i think there's movement on the white house side on entitlements. >> rick, you do have to accept the fact that john boehner -- goes for the deal with democratic votes. >> he's about as acrimonious and able to get a deal done as sir harry reid. >> jared -- >> bottom lines, look at the vix, at 20, barely into anything. the market is clearly saying it doesn't care. hey, listen. i run my clients' money looking at the vix with my left eye, but 20, give me a break. you've got to thrill me above 30, above 35 before any of this has anything other than very interesting. >> if we get a deal, say sunday night we get a deal, right, do the markets rally, or does it depend on what the deal consists of? >> secretly, they are going to sell off on the news. do
in order for that to happen john boehner basically has to agree that he's going to get a deal out of house with majority democrat votes, and i don't see why he does that before january 3rd. >> you're assuming the president has all the leverage, and i think the president would have a horrible legacy starting out with such turmoil, so i disagree. i think there's movement on the white house side on entitlements. >> rick, you do have to accept the fact that john boehner -- goes for the...
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after the election john boehner got criticism even from my party saying look, mr. president we will meet you halfway and give you the $800 billion in revenue and the president doubles the number. then last week he said all right let's try and get as many after hostages out alive and try as keep taxes from going up and we couldn't get a single democrat to join with us on a single bill introduced this summer which was saving all taxpayers a million dollars and below from the tax rates going on. not a single democrat would join with us. this didn't a problem of two well intentioned negotiators not able to come up with a deal. this is the house having to negotiate with itself and the president who i believe is beginning to show his cards which is someone who doesn't really want to deal, who for whatever reason believes that it is to his political benefit or are a potential gain for us to go over this cliff to try and make us look obstinate in the house. >> greta: i have the president's statements so i will pick on him. he says i had a good and constructive discussion h
after the election john boehner got criticism even from my party saying look, mr. president we will meet you halfway and give you the $800 billion in revenue and the president doubles the number. then last week he said all right let's try and get as many after hostages out alive and try as keep taxes from going up and we couldn't get a single democrat to join with us on a single bill introduced this summer which was saving all taxpayers a million dollars and below from the tax rates going on....
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footing. >> harris: a spokesman for john boehner fired back "senator reid should talk less and legislate more." and senate minority leader mcconnell saying we should have worked all this out months ago. >> and republicans aren't about to write a blank check or anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> harris: tonight, that is exactly where we stand. at the edge of a cliff throwing blame for how you we got here. a lot of finger pointing and no answers as i said and just days remaining until tax increases and spending cuts all kick in and we all feel the pain. mike emanuel live with the news for us tonight on capitol hill. top democrats seem to be suggesting they cannot cut a deal without republican help. >> well, harris, that is right. and so they are asking what it will take to at least get some republican support. they say time is so critical. they cannot just roll out new legislation only to have the republicans reject it. we know president obama called the top four congressional leaders last night on his way back from hawaii. tom
footing. >> harris: a spokesman for john boehner fired back "senator reid should talk less and legislate more." and senate minority leader mcconnell saying we should have worked all this out months ago. >> and republicans aren't about to write a blank check or anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> harris: tonight, that is exactly where we stand. at the edge of a cliff throwing blame for how you we got here....
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however speaker john boehner demanded the senate first take a look at the bill the house moved through a month ago that preserved the expiring tax cuts for the wealthy as well as the middle class. that's not likely given the president's position on raising taxes for those making more than $250,000 a year. >> i want us to not go over the cliff because i think if we do it hurts our economy and it hurts our country. >> middle class people should know their taxes go up a average of $2,000 a year and also start making meaningful reform on the debt. >> the president and speaker boehner have not spoken since yesterday but shortly after the final talk the president urged congress to pass at least a scaled down measure to avoid going over the fiscal cliff. now unless both sides can agree on anything close to $1 trillion in spending cuts and tax increases will go into effect beginning new year's day. from there megan some are projecting the country compound find itself in -- could find itself in another recession. >>> even starbucks is getting into the fight over the fiscal cliff. the coffee com
however speaker john boehner demanded the senate first take a look at the bill the house moved through a month ago that preserved the expiring tax cuts for the wealthy as well as the middle class. that's not likely given the president's position on raising taxes for those making more than $250,000 a year. >> i want us to not go over the cliff because i think if we do it hurts our economy and it hurts our country. >> middle class people should know their taxes go up a average of...
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speaker john boehner calls the house back into session for sunday night. that stokes investor hopes for a fiscal cliff deal and this coming just a few hours after harry reid's comments sent the dow into a tailspin. we have complete coverage in this developing story which is happening tonight as we speak. also, as supplies from the obama team, ep achieve lisa jackson stepping down. can the coal companies finally breathe a sigh of relief? guess what happened in britain when the uk banned handguns. the surprising result that could change the gun control debate. "the kudlow report" start ises right now. >>> the big news tonight, still the developments in washington on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshel. capitol hill sources tell cnbc that congressional leaders are planning to go to the white house tomorrow to meet with president barack obama and it is not entirely clear at this point when that meeting will take place and details are still being hammered out and we saw today a blistering series of rhetorical jabs f
speaker john boehner calls the house back into session for sunday night. that stokes investor hopes for a fiscal cliff deal and this coming just a few hours after harry reid's comments sent the dow into a tailspin. we have complete coverage in this developing story which is happening tonight as we speak. also, as supplies from the obama team, ep achieve lisa jackson stepping down. can the coal companies finally breathe a sigh of relief? guess what happened in britain when the uk banned...
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john boehner couldn't even pass his plan in the house. that was something that was worked up by him and eric cantor and others. so the real test here and i think challenge the president and john boehner sitting down again over the next three or four days. i think we have a few more days. we go over the cliff on the first but the new congress isn't sworn in until january 3rd. if they can work out, maybe just a small deal now. maybe down payments on cuts. maybe it is protecting, certainly protecting tax cuts for the middle class and small businesses and doing, you know, a few things to medicare, and then that gets us into next year where we can do bigger stuff like corporate tax reform and larger reforms to the tax code. jon: amos, what do you think about that proposal? >> that proposal, the whole situation is telling. we didn't have to be here. we all saw this coming for months. we knew it was coming. doug is right, house republicans did act. they acted to stop the defense cuts and stop the tax hikes. what happened since then, senate democ
john boehner couldn't even pass his plan in the house. that was something that was worked up by him and eric cantor and others. so the real test here and i think challenge the president and john boehner sitting down again over the next three or four days. i think we have a few more days. we go over the cliff on the first but the new congress isn't sworn in until january 3rd. if they can work out, maybe just a small deal now. maybe down payments on cuts. maybe it is protecting, certainly...
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. >> reporter: congress recessed after republicans rejected john boehner's compromise. he proposed letting tax cuts expire for those making over $1 million a year. other republicans say it's time for a deal. >> i agree with him. i don't think we ought to increase taxes on anyone. however, we're now at a point where we're not going to get what we think is right for our economy and our country. >> with congress coming back, the president will also reportedly cut short his holiday vacation in hawaii. democrats hope mr. obama will continue to fight for a complete agreement, not just a temporary patch. >> i definitely hope that he can and will continue to push for as big a deal as possible, but you've got to remember now, we're just a few days away. >> if no deal is reached over 2 million americans will lose their jobless benefits and workers will see a 2% cut in take home pay as social security payroll taxes go up january 1st. jennifer johnson, nbc news, washington. >> well, around this time of year, there is a big surprise that happens on the rockefeller center ice skating
. >> reporter: congress recessed after republicans rejected john boehner's compromise. he proposed letting tax cuts expire for those making over $1 million a year. other republicans say it's time for a deal. >> i agree with him. i don't think we ought to increase taxes on anyone. however, we're now at a point where we're not going to get what we think is right for our economy and our country. >> with congress coming back, the president will also reportedly cut short his...
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. >> reporter: congress reached this brink before christmas when speaker john boehner failed to get enough house republicans to support his solution, threw up his hands and said it's up to leader reid and the president. >> how we get there, god only knows. >> reporter: aides say reid's plan would avoid tax increases for people making less than $250,000, eliminate spending cuts and restore unemployment benefits. >> what needs to happen now is for a sense of desperation among lawmakers to kick in and realize that if we go past january 1st with no deal, the markets are likely to decline in a significant way and alarm most americans. they don't want to have themselves blamed for that. >> reporter: meanwhile, public pressure is mounting. countdown clocks are springing up, and today starbucks asked employees to begin writing "come together" on coffee cups. now, speaker boehner has not yet called the house back into session. meanwhile, treasury secretary tim geithner told congressional leaders today that the nation has almost reached its borrowing limit. the debate over whether to increase that l
. >> reporter: congress reached this brink before christmas when speaker john boehner failed to get enough house republicans to support his solution, threw up his hands and said it's up to leader reid and the president. >> how we get there, god only knows. >> reporter: aides say reid's plan would avoid tax increases for people making less than $250,000, eliminate spending cuts and restore unemployment benefits. >> what needs to happen now is for a sense of desperation...
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last week, house speaker john boehner said it was up to senate democrats to come up with a plan. greg joins us now for the very latest. did you get any rest over christmas here? because it sounds like there was no progress made on fiscal cliff talks. >> yeah. thankfully, there was virtually nothing going on in washington. so it was an opportunity for all of us to catch up on our sleep here. >> i wonder, too, when we've looked towards the calendar, we have today, tomorrow, i guess monday being the 31st. what prospect do you expect of us hearing a deal before then. >> well, i certainly expect that now that obama is back in town he'll be trying to broker some sort of a deal with john boehner, the house of representatives, and there will be talks among democrats trying to explore whether they can put forth a new scaled down deal that could get past both the republican minority in the senate and get a vote on the floor of the house of representatives. and i think what the markets have to realize is that if the deal were to pass between now and the end of the year, it would first of al
last week, house speaker john boehner said it was up to senate democrats to come up with a plan. greg joins us now for the very latest. did you get any rest over christmas here? because it sounds like there was no progress made on fiscal cliff talks. >> yeah. thankfully, there was virtually nothing going on in washington. so it was an opportunity for all of us to catch up on our sleep here. >> i wonder, too, when we've looked towards the calendar, we have today, tomorrow, i guess...
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house speaker john boehner. as they left they sounded like they were closing in on a compromise. >> think it was a very positive meeting. there was not a lot of hilarity in the meeting. everyone knows how important it is. >> we'll be working hard to try to see if we can get there in the next 24 hours, and so i'm hopeful and optimistic. >> the president said the american public is getting frustrated and losing patience with these last-minute negotiations. he says the least congress can do is protect most american tax pairs from rising tax rates due to take effect in the next couple of days. the least, it appears, rebecca, appears to be the most they can do. >> thank you. we'll check back later in the program. for more on how we got into this situation and what happens if nothing happens. michael santoly, it's great to have both of you with us. where does this stand right now? >> right now they're negotiating and things are being worked out behind closed doors by the top leaders in the house and senate and the whi
house speaker john boehner. as they left they sounded like they were closing in on a compromise. >> think it was a very positive meeting. there was not a lot of hilarity in the meeting. everyone knows how important it is. >> we'll be working hard to try to see if we can get there in the next 24 hours, and so i'm hopeful and optimistic. >> the president said the american public is getting frustrated and losing patience with these last-minute negotiations. he says the least...
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john boehner said it's up to the president and harry reid so are both sides standing at the precipice waiting for each other to make the next move. >> not really. it really is all up to john boehner to decide whether he wants to bring this vote to the house floor. if he doesn't, i would put on either your cliff bungee cord or your cliff parachute and that's actually an important difference. >> we would like a bungee cord and a parachute. >> right. >> but i would like to know maybe we have neither. what do you think happens to the market, matt, in either scenario, deal or no deal? >> i can't imagine we're going to get a deal done with any significance. you know, they are probably going to change it as we go forward so maybe they will let us go over the cliff, the market will crash a little bit. i don't want to say crash as in crash but we could retrace some of the gains and a rough start to 2013 until they finally realize that maybe the large-cap companies could be leading us through the rallies. maybe it will take the stocks back up the latter half of 2013, first quarter. >> oliver, w
john boehner said it's up to the president and harry reid so are both sides standing at the precipice waiting for each other to make the next move. >> not really. it really is all up to john boehner to decide whether he wants to bring this vote to the house floor. if he doesn't, i would put on either your cliff bungee cord or your cliff parachute and that's actually an important difference. >> we would like a bungee cord and a parachute. >> right. >> but i would like to...
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john boehner plan "b" making $1 million. this looked like president obama coming back with the same deal at 250. they are miles apart. >> kimberly: you were able to speak to people on the hill. what was your reaction? >> andrea: the president spread the stories that he will come to the table with a deal. swan dive off the fiscal cliff, hold your nose. we're going off. president obama wants to us go off hecht will come back with a largeer plan. the obama tax cut. then he will be able to reintate across-the-board sequestration cuts. 8.2% across the board. cut defense and health. they will be able to reintate a lot of programs and give his caucus the opportunity to say look, i am voting for something. i am voting to restore tax cuts for the middle class. voting to restore great thin things. republicans are in a tough position. no one will say vote to restore the tax cut for rich. this is his game plan from day one. >> eric: what is the a terptive? $250,000 and above? we see obama not oftenning cuts at all. looking for spending.
john boehner plan "b" making $1 million. this looked like president obama coming back with the same deal at 250. they are miles apart. >> kimberly: you were able to speak to people on the hill. what was your reaction? >> andrea: the president spread the stories that he will come to the table with a deal. swan dive off the fiscal cliff, hold your nose. we're going off. president obama wants to us go off hecht will come back with a largeer plan. the obama tax cut. then he...
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there could be enough votes in the house, speaker john boehner talked about amending that bill. i think if it gets a 70 to 30 senate vote i think i it get te votes in it the house to pass but it might not happen until after january 3, january 4. >> i want to ask you about what ed henry was just reporting. president obama says either a deal is reached or you vote on the short-term stop gap measure. if republicans fail to pass it i'm summarizing it's their fault. so the president kind of tossing the ball into the republican's camp, placing blame on them. in your opinion s that presidential leadership? >> the republicans have gone after the president that he has deferred to congress on this is that he was unable to strike a deal between -- with speaker boehner and now it is to reid and mcconnell. on one hand, obama is criticizing the congress but also giving them the responsibility to come up with a deal. this is on his watch. obama does not want this going into next year. he wants to move quickly on immigration and energy and maybe gun control. so, but he has not been able to stri
there could be enough votes in the house, speaker john boehner talked about amending that bill. i think if it gets a 70 to 30 senate vote i think i it get te votes in it the house to pass but it might not happen until after january 3, january 4. >> i want to ask you about what ed henry was just reporting. president obama says either a deal is reached or you vote on the short-term stop gap measure. if republicans fail to pass it i'm summarizing it's their fault. so the president kind of...
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then you had plan b from john boehner, that failed as well. this is basically plan c. just deal with extending tax cuts for the middle class. deal with unemployment benefits running out for 2 million people and then deal with some small spending cuts. but not deal with the big, big spending cuts on medicare and some of those entitlement programs. that's one thing that frustrates republicans. they think the can is being kicked down on an important piece of this. spending. i can tell you earlier today republican ron lamar said the president is not doing enough. >> we need two words. presidential leadership on not just taxes rich people, we can tax all the rich people and cut their heads up and it wouldn't help the medicare fiscal cliff. we need to do both and the president has to lead it it and if he does i'm ready to work with him and so are a lot of other republicans and democrats. >> lamar alexander demanding presidential leadership but also making that point that it's not just about taxes. it's also about spending, harris. >> harris: you and ed talk about -- you and
then you had plan b from john boehner, that failed as well. this is basically plan c. just deal with extending tax cuts for the middle class. deal with unemployment benefits running out for 2 million people and then deal with some small spending cuts. but not deal with the big, big spending cuts on medicare and some of those entitlement programs. that's one thing that frustrates republicans. they think the can is being kicked down on an important piece of this. spending. i can tell you earlier...
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president obama's latest offer to john boehner has 1.2 trillion in taxes. that is half as much, less than half than simpson bowles, and less than a quarter of what is in -- simply going over the fiscal cliff. i think the tax increases are too little. they are what they are. and it's something to remember as we reach the edge and you hear a lot of complaints about the tax side of obama's offer. what he's asking for in terms of tax increases is not that radical, it's way less than if we don't reach a deal. contrary to what you may have heard, republicans want to raise taxes too. shocker, right? >> the superficial take on this, the argument between democrats and republicans is between democrats who love taxes, just want to tax everything. and republicans who totally grover norquist taxes, they hate them, that is not true. to a degree that kind of disturbs me, actually, the two parties mostly agree on keeping the bush tax cuts. up to $250,000 in income, which is a lot of income. republicans and democrats want to keep all the bush tax cuts. that's way more than
president obama's latest offer to john boehner has 1.2 trillion in taxes. that is half as much, less than half than simpson bowles, and less than a quarter of what is in -- simply going over the fiscal cliff. i think the tax increases are too little. they are what they are. and it's something to remember as we reach the edge and you hear a lot of complaints about the tax side of obama's offer. what he's asking for in terms of tax increases is not that radical, it's way less than if we don't...
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john boehner is not going to roll over and do whatever they want. we're going to play this over and over and over again, not just on the debt ceiling but when government spending runs out. >> to mr. haven, my son's great english teacher, they haven't gotten anything done yet. eamon. thank you. >> michelle, the london whale the big headlinen2012. will the orlando whale make a big splash in 2013. just imagine, you may be able to get a piece of shamu. the story next on "power lunch." >>> this cnbc program is sponsored by the lincoln wish list event. when you have diabetes... your doctor will say get smart about your weight. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. >>> take a look at your screen right now. mother nature really dumping snow on our neighbors to the north. they generally handle snow pretty well up in canada, but this storm came as fast and furious tying u
john boehner is not going to roll over and do whatever they want. we're going to play this over and over and over again, not just on the debt ceiling but when government spending runs out. >> to mr. haven, my son's great english teacher, they haven't gotten anything done yet. eamon. thank you. >> michelle, the london whale the big headlinen2012. will the orlando whale make a big splash in 2013. just imagine, you may be able to get a piece of shamu. the story next on "power...
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boehner's plan "b" that was met with stiff opposition from his own party. >> i think $250,000 is too low a threshold. a lot of working people who are couples would exceed that, and i don't think we need that kind of shock to the system. however, i've talked to some of my democratic colleagues, and they are saying maybe in the $400,000 or $500,000 category we could set a benchmark. i do think it is essential that we start talking about what amount can be passed on a bipartisan basis, because you know, i'm one who believes you shouldn't tax anyone right now. i would have supported plan "b." >> according to a gallup poll, americans are less optimistic that washington will strike a deal. 50% now believe an agreement is likely, an eight-point drop from earlier this month. president obama, meanwhile, will be back in washington today after cutting short his vacation in hawaii. he'll be joined on air force one, or he is joined on air force one right now -- they're in the air, actually -- by hawaii's lieutenant governor brian schatz, who is nominated to fill the senate seat left vacant follow
boehner's plan "b" that was met with stiff opposition from his own party. >> i think $250,000 is too low a threshold. a lot of working people who are couples would exceed that, and i don't think we need that kind of shock to the system. however, i've talked to some of my democratic colleagues, and they are saying maybe in the $400,000 or $500,000 category we could set a benchmark. i do think it is essential that we start talking about what amount can be passed on a bipartisan...
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. >> they blame house republicans since john boehner hasn't been able to get them a deal to raise taxes. the name calling is getting ugly. >> american people don't understand the house of representative is operating without the house of representatives. it is being operated with a dictatorship of the speaker not allowing the vast majority of the council to representatives to get what they want. >>> and while it's true that the senate controlled democrats is working this week, they are not working on fiscal cliff matters and the house won't even be back to work sunday two-days before the end of year deadline. theoretically these guys have time to get something done here. it is also possible at today's meeting at the white house may be simply window dressing. >> see what happens ten hours from now. time now to take a look at who is talking and this morning we are hearing from charles krauthammer. >> last night on hannity he was talking about the looming fiscal cliff and the president's approach to negotiations. krauthammer giving his take on why a deal has not been reached yet. >> it has
. >> they blame house republicans since john boehner hasn't been able to get them a deal to raise taxes. the name calling is getting ugly. >> american people don't understand the house of representative is operating without the house of representatives. it is being operated with a dictatorship of the speaker not allowing the vast majority of the council to representatives to get what they want. >>> and while it's true that the senate controlled democrats is working this...
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we just got word on the other end of the avenue, john boehner has arrived at the capitol. so who will really be there to blame on january 1 if those potentially devastating tax hikes and spending cuts actually go into effect? do you really want to look at your paycheck on that first week or two? heather: yeah. no. gregg: no. anybody want to look at their paycheck? no. heather: i will take a look at yours. gregg: no. heather: okay. they rushed into a nuclear disaster to do whatever they could to help but now a group of u.s. sailors is suing over japan's fukushima nuclear plant meltdown. they claim officials lied through their teeth about the dangers. do they have a case? we will debate it. [ male announcer ] alka-seltzer plus presents the cold truth. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose
we just got word on the other end of the avenue, john boehner has arrived at the capitol. so who will really be there to blame on january 1 if those potentially devastating tax hikes and spending cuts actually go into effect? do you really want to look at your paycheck on that first week or two? heather: yeah. no. gregg: no. anybody want to look at their paycheck? no. heather: i will take a look at yours. gregg: no. heather: okay. they rushed into a nuclear disaster to do whatever they could to...
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the home county of house speaker john boehner butler county, ohio, currently under a blizzard warning. house republican leaders holding a conference call earlier today on the fiscal cliff, but so far they have not yet called on lawmakers to return to capitol hill. but they have said they will give a 48 hour warning if they plan to do that the white house saying the president is cutting his holiday vacation in hawaii short to return to d.c. to work on a deal to try to stop those automatic tax hikes and deep spending cuts from kicking in on january 1st. and if they don't reach a deal before then, many economists say we will dip back into a recession. i had henly house republican leaders didn't have a lot of new information for their lawmakers. they would have 48 hour notice if they are needed to pray back to washington from various districts around the country. that tells us they are being noncommittal at this point because they frankly do not know whether or not there will be a deal to avert the fiscal cliff. now, after that conference call. the house speaker john boehner, his number t
the home county of house speaker john boehner butler county, ohio, currently under a blizzard warning. house republican leaders holding a conference call earlier today on the fiscal cliff, but so far they have not yet called on lawmakers to return to capitol hill. but they have said they will give a 48 hour warning if they plan to do that the white house saying the president is cutting his holiday vacation in hawaii short to return to d.c. to work on a deal to try to stop those automatic tax...
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one person isn't spotted yet on the beltway is house speaker john boehner and harry reid took him to task for it earlier. demanding that he bring the chamber of commerce back to session for a deal to be struck. >> the house of representatives with four days left aren't here with the speaker having told them he will give them 48 hours' notice. if we go over the cliff it will be with the knowledge that could have been done with a single vote. >> andrea: boehner's spokesman said reid should talk less. the speaker insists the senate should ask first for members to reconvene on sunday. we can go off the cliff. pass the obama tax cut and reinstate the sequester cuts to things like he likes like the national institute of health and cut the defense budget. put republicans in the corner to say you want to bring a bill to the floor? be my guest. am i right? >> bob: my, you are cynical. keep in mind, they said, boehner said he wants to go to the senate. under the constitution, you cannot start a bill on taxes in the senate. has to come from the house. there is a 48-hour limit because you have t
one person isn't spotted yet on the beltway is house speaker john boehner and harry reid took him to task for it earlier. demanding that he bring the chamber of commerce back to session for a deal to be struck. >> the house of representatives with four days left aren't here with the speaker having told them he will give them 48 hours' notice. if we go over the cliff it will be with the knowledge that could have been done with a single vote. >> andrea: boehner's spokesman said reid...
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and john boehner, the speaker out house, the individual with whom the president is negotiating for, gosh, a year and a half now and trying to do a lot of things and trying to avert the fiscal cliff, no plans announced for him to return to washington. the house of representatives, their public stand, the republican leadership at any rate is that it is up to the senate to act. and the president before he left for hawaii last friday pointed out that there is a senate bill. he said he'll try to get a smaller bill and does what he said all along and raise tax rates on those couples filing jointly making more than $250,000 a year and extending unemployment benefits, something that is very important to a lot of americans who have been out of work for a very long time. one problem there, thomas. the very same bill or very near identical bill passed the senate last summer and languishing in the house of representatives. the threshold question has been and remains will the house of representatives stroet do something that a majority of republicans would go against? highly unlikely, thomas, and mor
and john boehner, the speaker out house, the individual with whom the president is negotiating for, gosh, a year and a half now and trying to do a lot of things and trying to avert the fiscal cliff, no plans announced for him to return to washington. the house of representatives, their public stand, the republican leadership at any rate is that it is up to the senate to act. and the president before he left for hawaii last friday pointed out that there is a senate bill. he said he'll try to get...
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>> i think if they made progress at the meeting today and if mitch mcconnell and john boehner decide to take the risk of t advancing this with their members they could vote sunday or monday and it is possible to get done before january first. nobody is betting on this at this point and everybody's omt michel has been sorely tested by the lack of movement over the last week or so but just in the last few hours there is some movement toward the possibility of the deal. >> thanks so much for the very latest there john down in d.c. for us watching the action there. stocks moved off their lows on news of the new offer for the president. we're still setting up for the biggest weekly loss for the stock market in some six weeks. we're trading today with the najarian brothers, mike murphy, and steven wieis. we are moving closer to a deal according to john harwood's reporting. what do you do with the market today? >> i don't think you do anything based on those headlines. where you want to continue to be is high quality names and ride it out. if you see prices come your way in specific stocks
>> i think if they made progress at the meeting today and if mitch mcconnell and john boehner decide to take the risk of t advancing this with their members they could vote sunday or monday and it is possible to get done before january first. nobody is betting on this at this point and everybody's omt michel has been sorely tested by the lack of movement over the last week or so but just in the last few hours there is some movement toward the possibility of the deal. >> thanks so...
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there will be a new election for speaker of the house, presumably john boehner will be re-elected. there will be a different house of representatives. however, still a republican majority but a small er majorit. boehner has a newly affirmed position and perhaps the dynamic is a bit different. but, you know, then again maybe it will be the same as it's been the last couple of years. >> richard, you know what i think bothers some people bothers me. it's that there is a small segment it seems of the republican caucus in the house of representatives who were unable to accept the results of the election in 2008 and steamed to continue to be unable to accept the results of the election in 2012. thus, they feel they have a license to hold the country hostage because they don't agree with two presidential elections, which is truly, truly if you think about it enough, which i choose not to, is rather bothersome. >> it's bothersome, and it doesn't fit their own agenda. in addition to object structure things they want to keep taxes down for most americans. it's not just about the tea party re
there will be a new election for speaker of the house, presumably john boehner will be re-elected. there will be a different house of representatives. however, still a republican majority but a small er majorit. boehner has a newly affirmed position and perhaps the dynamic is a bit different. but, you know, then again maybe it will be the same as it's been the last couple of years. >> richard, you know what i think bothers some people bothers me. it's that there is a small segment it...
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if mcconnell and reid can hammer out a deal that's acceptable to both of them i believe that john boehner will let that deal come up for a vote in the house, and i believe that vote will pass in the house though probably with majority democrat. if that happens, we may well have a deal. >> you said a big f, though. if mcconnel and reid can hammer something out. the senate hasn't passed a budget in years, jared. tell me, how is harry reid going to come up with something by monday? >> well, as you've been stressing for most of the show, correct me, this is not a budget. this is a last-minute deal that's going to have a few components and i will count them on one hand that will have a tax threshold. 250. i wouldn't be surprised if they went to him with a higher number. u.n. extension, doc fix and the umt with the sequester and that would be it. >> jimmy p., what do you think? will we have a deal on monday and is it going to be enough? >> i think we will have a deal. one big difference now than maybe a couple of weeks, three weeks ago is a lot of republicans believe that eventually they really
if mcconnell and reid can hammer out a deal that's acceptable to both of them i believe that john boehner will let that deal come up for a vote in the house, and i believe that vote will pass in the house though probably with majority democrat. if that happens, we may well have a deal. >> you said a big f, though. if mcconnel and reid can hammer something out. the senate hasn't passed a budget in years, jared. tell me, how is harry reid going to come up with something by monday? >>...
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the folks on the senate side said, wait a second, john boehner is who to blame. at the white house, they're pointing their finger at capitol hill. there's a lot of finger pointing but not a whole lot of action. >> all right, eamon. thanks so much. >> you bet. >>> as negotiations continue on washington, that is a bit of an overstatement, check wall street, the fear index is spiking as the markets drop. we're back above 20 for the first time in fact in five months. up 14% in the past week. let's get trading action here at the nysc. mary thompson joins us on the floor. this is a vulnerable point for the markets. traders have been saying they're going to make a lot of noise and it will get made up. >> suddenly it isn't. so we're having a bit of a reality check. the dow, the s&p and the nasdaq all negative. it's the lowest now of the month. the vix is spiking. moving above the 20 level for the first time in five months. we want to point out the last time we had this angst over what was happening in washington was in august of 2011 when we had the debt crisis and the s
the folks on the senate side said, wait a second, john boehner is who to blame. at the white house, they're pointing their finger at capitol hill. there's a lot of finger pointing but not a whole lot of action. >> all right, eamon. thanks so much. >> you bet. >>> as negotiations continue on washington, that is a bit of an overstatement, check wall street, the fear index is spiking as the markets drop. we're back above 20 for the first time in fact in five months. up 14% in...
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boehner. as far as we know the two of them have not really been talking. the lines of communication are theoretically open but both of them seem to be standing their ground. one other factor to consider here is something we just heard from the treasury secretary tim geithner telling us we are rapidly approaching the nation's debt ceiling. we could hit it by the end of the year. there are accounting tricks we can use to prevent us from hitting that by the end of the month. it shows you how complicated this is getting. one other factor that was going to become part of the grand bargain if we ever reach grand bargain. right now they could be looking for a stopgap measure. >> we have heard that before a stopgap measure. thank you very much. appreciate it. >>> you hear those two key words there accounting gimmicks. let's talk about stories you can bank on this morning. lauren simonetti from the fox business network has more on the accounting gimmicks and the statement about the debt ceiling. the tr
boehner. as far as we know the two of them have not really been talking. the lines of communication are theoretically open but both of them seem to be standing their ground. one other factor to consider here is something we just heard from the treasury secretary tim geithner telling us we are rapidly approaching the nation's debt ceiling. we could hit it by the end of the year. there are accounting tricks we can use to prevent us from hitting that by the end of the month. it shows you how...
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john boehner will come back at any time. his office told us it would be sometime after christmas. so he could be back as soon as today. the upper chamber in commerce is coming back tomorrow to pick up where they left off on the important domestic surveillance bisa. they will meet for a vote on the $50.6 billion bill for hurricane sandy relief. they will be back in the same zip code as far as we know there are no specific time or places on the books for an inperson meaning between the two. something else that remains to be seen is everybody will return to the table with a cooler head which the president shawas hopi for before he went on his family vacation. hoe over do you. >> the fiscal cliff we have been telling you so much about could be devastating for thousands of american businesses and their workers. their new concerns this morning about profits for those companies. lauren simonetti from the fox business network joins us to explain. what's going on? >> the fiscal cliff puts it in jeopardy. many are afraid to invest in their business and hire new workers. make plans. >> no lo
john boehner will come back at any time. his office told us it would be sometime after christmas. so he could be back as soon as today. the upper chamber in commerce is coming back tomorrow to pick up where they left off on the important domestic surveillance bisa. they will meet for a vote on the $50.6 billion bill for hurricane sandy relief. they will be back in the same zip code as far as we know there are no specific time or places on the books for an inperson meaning between the two....
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called by president obama, house speaker john boehner is a key figure. >> the fact that he has come back to me says that they cannot come up with some kind of agreement. -- that they can come up with an agreement. >> both sides want to avoid middle-class tax cuts. the hang up is the tax hikes on the rich. those making over $250,000 in the obama reposal or $400,000, a level that mitch mcconnell reportedly said he might be able to sel? republicans won the debate shifted. >> the talk about taxes, but what it should be about is what we want to talk about today -- the medicare fiscal cliff. >> no date to cut a day to reform entitlements by tuesday. >> if we do something right now to have long-lasting, adverse effects on economic growth, that will affect us for a long time. >> until the cliff, americans say fix the tax problem. >> it's so frustrating to see both sides so far apart. >> we should not be taxed more because they cannot work together. >> get the middle class down and figure of the rest of it come january, worst case. >> worst case? no deal on anything. some tea party republicans ar
called by president obama, house speaker john boehner is a key figure. >> the fact that he has come back to me says that they cannot come up with some kind of agreement. -- that they can come up with an agreement. >> both sides want to avoid middle-class tax cuts. the hang up is the tax hikes on the rich. those making over $250,000 in the obama reposal or $400,000, a level that mitch mcconnell reportedly said he might be able to sel? republicans won the debate shifted. >> the...
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Dec 27, 2012
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the house will be controlled by john boehner so it is divided. it's the idea that if they go home for christmas break, if they go over the cliff and if they do invest in the debt ceiling, people will get spooked because you hear stories about social security recipients and facing the checks in government. unemployment insurance dried up and payroll tax cuts. the paycheck will show that more is taken out for the tax. that will in turn cause the type of pressure on the new income in congress. it's interesting that we have the same with k. bailey hutchinson. what's gotten her is fleethat t will go home and obama will introduce his own package and they have nothing to do but accept it. or they get blamed for everything. >> can you recall a time in your life and your politics, a couple of years at least, a comparable level of incompetence in washington. >> the last four years. i spent some of the time over the holidays for my since reading about this. my overall reaction is groundhog day. it's the same issues. some of the same players and the same que
the house will be controlled by john boehner so it is divided. it's the idea that if they go home for christmas break, if they go over the cliff and if they do invest in the debt ceiling, people will get spooked because you hear stories about social security recipients and facing the checks in government. unemployment insurance dried up and payroll tax cuts. the paycheck will show that more is taken out for the tax. that will in turn cause the type of pressure on the new income in congress....
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Dec 27, 2012
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there's only one person who is negotiating on behalf of the house and that's john boehner. and frequently he's negotiating by himself. i'll say this, it's good for us to go home to the people we work for so we can get an earful, as i have gotten over the last three or four days, whether it's the grocery store or church or wal-mart or this morning while i was running someone stopped me and gave me an earful, which i very much need. so if you are going on vacation, then, no, it's not a good thing to leave d.c. if you are going home and getting an earful from the people you are supposed to represent and work for, then i would say it's better spent coming home to district than it is staying up there and naming post offices. >> you are right about that. congressman trey. it's always a pleasure to speak with you. thank you. >> yes, ma'am, you too. >> and tonight the gun control battle is exploding. a suburban new york paper publishing the names and addresses of gun owners. who who does the interactive map really put in danger? steven joins us now. hi. great to have you tonight. >
there's only one person who is negotiating on behalf of the house and that's john boehner. and frequently he's negotiating by himself. i'll say this, it's good for us to go home to the people we work for so we can get an earful, as i have gotten over the last three or four days, whether it's the grocery store or church or wal-mart or this morning while i was running someone stopped me and gave me an earful, which i very much need. so if you are going on vacation, then, no, it's not a good thing...
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Dec 29, 2012
12/12
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john boehner had said explicitly he's waiting for the senate to act. they won't do anything until that happens. it's really up in the air where we all go from here. there is a little bit of optimism i will say that folks think that mitch mcconnell and harry reid can work something out that won't be a perfect deal. a lot of folks saying they don't like it won't deal with the sequester. that perhaps it won't cut enough taxes, raise any taxes. you'll get sniping from both sides. but there's a hint of optimism this could be averted by new year's eve before the ball drops. >> luke russert throwing around the word optimism this morning. >> we'll see, my friend. we'll see. >> i haven't heard that word a lot this morning. so thank you for that. good to see you. let me head over to nbc's kristen welker. see if she can match that optimism. also, kristen, even if this doesn't work out it sounds like the president might have a backup plan of some kind. >> reporter: that's right. when president obama met with top congressional leaders here at the white house for ab
john boehner had said explicitly he's waiting for the senate to act. they won't do anything until that happens. it's really up in the air where we all go from here. there is a little bit of optimism i will say that folks think that mitch mcconnell and harry reid can work something out that won't be a perfect deal. a lot of folks saying they don't like it won't deal with the sequester. that perhaps it won't cut enough taxes, raise any taxes. you'll get sniping from both sides. but there's a hint...
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Dec 26, 2012
12/12
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CNBC
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john harwood, thanks. see you later. don't worry, be happy. one of our next guests says should we go over the fiscal cliff, someone else on wall street says the cliff will not be a doomsday event. we'll get them to make their case coming up. >> and also later on. facebook making an about face on using user photos for advertising. >> and winter storm euclid is pummeling the east coast. the latest storm and storm track coming up in the next hour of the program. you're watching cnbc, first in business worldwide. plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we
john harwood, thanks. see you later. don't worry, be happy. one of our next guests says should we go over the fiscal cliff, someone else on wall street says the cliff will not be a doomsday event. we'll get them to make their case coming up. >> and also later on. facebook making an about face on using user photos for advertising. >> and winter storm euclid is pummeling the east coast. the latest storm and storm track coming up in the next hour of the program. you're watching cnbc,...
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Dec 24, 2012
12/12
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house speaker john boehner is in ohio, president obama is in his native hawaii. you'll hear about a last ditch effort that may happen after the holiday. that story just a few moments away here as well. >> a united states senator was arrested for drunk driving early sunday morning. idaho republican mike crapo was taken to jail in alexandria virginia after midnight. he was stopped for running a red light and charged with driving under the influence. the senator has issued an apology. he was released on $1,000 bond and he has a court date. >>> christmas, two days away, and for much of the country it's going to be a white one. heavy snowfall has blanketed several states up to five feet of snow is expected. snow is also falling back east as well. like lake effect snow has blanketed areas around cleveland and buffalo. high winds are threatening to delay flights in new york, philadelphia and washington. >>> the report you're about to see has very graphic images of people hurt and dying. the latest from western syria, where more than 100 people were killed today as they
house speaker john boehner is in ohio, president obama is in his native hawaii. you'll hear about a last ditch effort that may happen after the holiday. that story just a few moments away here as well. >> a united states senator was arrested for drunk driving early sunday morning. idaho republican mike crapo was taken to jail in alexandria virginia after midnight. he was stopped for running a red light and charged with driving under the influence. the senator has issued an apology. he was...
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Dec 26, 2012
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john boehner from the very beginning put 800 billion in revenue on the table. the president was known to say, well, that's mine. i get that one for free. i don't have to give anything in return. the president in addressing a deficit added $1.6 trillion in new spending. gregg: yeah. >> so who are we joking right now? the president has never taken the spending side of this equation seriously, which is why we don't have a deal. republicans have put their necks on the line supporting new revenues, the president's not coming through. gregg: senator barrasso said the president does want to go over the cliff, because he wants to punish republicans. is there something to that? >> i don't think there's anything to that, but the reality is that if he wants to get anything done, he has two options. he either breaks the republicans on taxes, or he breaks the republicans. i read that somewhere, and i thought it was a fantastic quote. but i do think that he is going -- i don't think any of us want to see the country go off the cliff. gregg: maybe he just didn't think $16 tri
john boehner from the very beginning put 800 billion in revenue on the table. the president was known to say, well, that's mine. i get that one for free. i don't have to give anything in return. the president in addressing a deficit added $1.6 trillion in new spending. gregg: yeah. >> so who are we joking right now? the president has never taken the spending side of this equation seriously, which is why we don't have a deal. republicans have put their necks on the line supporting new...